ABIST H&F Co.,Ltd. announced that it has received ¥360 million in funding from Abist Co.,Ltd.
July 30, 2014
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ABIST H&F Co.,Ltd. announced that it will receive ¥360,000,000 in its equity round of funding from existing investor, Abist Co.,Ltd. on July 16, 2014. The investor will continue to hold 100% stake in the company upon closing. The capital of the company will increase from ¥90,000,000 to ¥270,000,000 upon closing. The payment date will be in the end of July 2014. The board of directors of the investor approved the transaction.
In the end of July 2014, ABIST H&F Co.,Ltd. closed the transaction.
ABIST Co., Ltd. is a Japan-based company mainly engaged in the design and development of machinery and machine parts, and the development of software, with the utilization of high-end 3D CAD tool. The Company operates in four business segments. The Design and Development Outsourcing business segment is engaged in the provision of worker dispatching service for automobile and related part manufacturers; the undertaken of design and development works for clients, and the provision of onsite training services. The 3D Printing segment is involved in the manufacture and sale of products to domestic manufacturers by making to order using their own 3D printers. The Beauty and Health Product Manufacturing and Sales segment manufactures hydrogen water for drinking, Hitamiwataru Suisomizu, and sells it to general consumers. The Real Estate Leasing segment is involved in the leasing of rental buildings owned by the company to client companies.